Settings8H · net · $10k
Funding arb · Price arb /

EGLD

all EGLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1106%/8h= −121.1% APRpaid last 24h −0.130%
Price spread now: Kraken Futures against BingX+0.326%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.136%−$114 on $10k
Price spread, last 4 days (all we have)+0.317%+$32 · spread now +0.326%, 7d avg +0.146%
Together, before fees−0.819%−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.180% dearer against BingX than usual: you sell high and buy low (spread +0.326% now, against its 7-day average of +0.146%): +$18 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−1.136% in total) that is about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EGLD-USDT4.38700.0379pay 0.0379% / 8h7h 15m$2.8M
ShortKraken Futures PF_EGLDUSD4.4013−0.0727pay 0.0091% / 1h15m 33s$434K$561K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$232.27
Price spread: +0.326% → +0.146%
$17.97
Slippage, 4 orders
−$130.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$364.71
Costs to cover
1.504%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Kraken Futures: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago6.82 bp20.8 bp −$2148.3 bp −$483289.2 bp −$28.9K1030.4 bp −$515.2K
Sell Kraken Futures live order book, 17 min ago37.90 bp54.7 bp −$55doesn't fitdoesn't fitdoesn't fit

EGLD on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_EGLDUSDshort−0.0727%1h4.4013+0.326%$434K$561K20x
Injective EGLD/USDC PERP+0.0033%1h3.6600−16.572%$16$46K5.5xas long as short
Binance EGLDUSDT+0.0100%8h4.38700.000%$4.5M$18.6M75xas long as short
Bybit EGLDUSDT+0.0100%8h4.3900+0.068%$2.5M$6.3M75xas long as short
MEXC EGLD_USDT+0.0100%8h4.3900+0.068%$4.3M$2.4M125xas long as short
KuCoin EGLDUSDTM+0.0100%8h4.3900+0.068%$2.8M$891K50xas long as short
Bitget EGLDUSDT+0.0100%8h4.3890+0.046%$2.2M$3.0M75xas long as short
Variational Omni EGLD+0.0100%8h4.3889+0.042%$16K$54Kas long as short
Gate EGLD_USDT+0.0103%8h4.3930+0.137%$447K$458K30xas long as short
BloFin EGLD-USDT+0.0220%8h4.3920+0.114%$213K$555K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EGLD-USDTlong+0.0379%8h4.3870long leg$2.8M
OKX EGLD-USDT-SWAP+0.0405%8h4.3880+0.023%$593K$3.0M20xas long as short